Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Achieved the highest second quarter net income per share in company history, attributed to disciplined operating teams and favorable market tailwinds.
Performance was significantly bolstered by Section 45Z production tax credits, which contributed approximately $18.4 million directly to gross profit during the quarter.
Gross profit grew approximately 144% year-over-year even when excluding the impact of 45Z tax credits, driven by stronger industry crush margins.
Operational success is supported by a robust balance sheet with no bank debt and $379.5 million in cash and short-term investments, allowing for internal funding of all growth projects.
#credits
Achieved the highest second quarter net income per share in company history, attributed to disciplined operating teams and favorable market tailwinds.
Performance was significantly bolstered by Section 45Z production tax credits, which contributed approximately $18.4 million directly to gross profit during the quarter.
Gross profit grew approximately 144% year-over-year even when excluding the impact of 45Z tax credits, driven by stronger industry crush margins.
Operational success is supported by a robust balance sheet with no bank debt and $379.5 million in cash and short-term investments, allowing for internal funding of all growth projects.
#credits
1 day ago
